3-bed · 2,029 sqftRimal 6, Jumeirah Beach Residence · 27th floor · completed 2007

2704, Rimal 6

Sold prices and rental history: sold once, by the developer in January 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2704 · DLD and Ejari recordsUpdated 1 July 2019
Last soldAED 350K8 January 2008
Current rentAED 15K /yr1 July 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2704, Rimal 6

What is 2704 worth today?

Last sold for AED 349,500 in 2008

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1 Jul 2019RentedRenewal · flagged as an outlier
AED 15,000/yr12 months · AED 7 per sqft
1 Jul 2019RentedNew contract
AED 150,000/yr12 months · AED 74 per sqft
1 Jul 2018RentedRenewal
AED 175,000/yr12 months · AED 86 per sqft
1 Jul 2017RentedRenewal
AED 190,000/yr12 months · AED 93 per sqft
1 Jul 2016RentedRenewal
AED 200,000/yr12 months · AED 98 per sqft
1 Jul 2015RentedRenewal
AED 205,000/yr12 months · AED 101 per sqft
1 Jul 2014RentedNew contract
AED 205,000/yr12 months · AED 101 per sqft
3 Jan 2013RentedNew contract
AED 180,000/yr12 months · AED 88 per sqft

Source: Dubai Land Department. Updated 1 July 2019.

Key facts

Type
3-bed apartment
Size
2,029 sqft
Floor
27th of 37
Parking
G014-5
Developer
Dubai Properties
Completed
2007
Service charge
AED 37,200 /yr
Last sold
AED 350K · January 2008
Building
Rimal 6

About 2704, Rimal 6

2704 is a three-bedroom apartment of 2,029 sqft on the 27th floor of Rimal 6, a 37-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 8 January 2008 for AED 349,500, or AED 172 per sqft, 55% below the AED 385 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 1 July 2019, is AED 15,000 a year: a gross yield of 4.3% on the 2008 price, before the service charge of about AED 37,200 a year.

Sales and rents for 2704 over time

Sales
Unit 2704, each saleTypical three-bed in Rimal 6
02M2007201220172022Typical sale price by year: 2007 AED 699,000; 2008 AED 699,000; 2009 AED 1,300,000; 2010 AED 1,627,500; 2011 AED 1,600,000; 2012 AED 2,225,000; 2013 AED 2,265,000; 2014 AED 2,699,000; 2015 AED 2,600,000; 2018 AED 2,112,500; 2019 AED 2,250,000; 2020 AED 1,650,000; 2022 AED 2,050,000; 2023 AED 3,325,000; 2024 AED 3,250,000; 2025 AED 2,985,000Sold by developer, January 2008: AED 349,500 (AED 172 per sqft)

2704 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2704, each contractTypical three-bed in Rimal 6
150K200K2012201620202024Typical rent by year: 2012 AED 136,000; 2013 AED 150,000; 2014 AED 170,000; 2015 AED 175,000; 2016 AED 170,000; 2017 AED 170,000; 2018 AED 152,000; 2019 AED 137,000; 2020 AED 120,000; 2021 AED 120,000; 2022 AED 137,038; 2023 AED 165,000; 2024 AED 186,250; 2025 AED 185,000; 2026 AED 160,000New contract, January 2013: AED 180,000 a yearNew contract, July 2014: AED 205,000 a yearRenewal, July 2015: AED 205,000 a yearRenewal, July 2016: AED 200,000 a yearRenewal, July 2017: AED 190,000 a yearRenewal, July 2018: AED 175,000 a yearNew contract, July 2019: AED 150,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Rimal 6, and where 2704 sits

All 85 3-beds →

2704 last sold in January 2008 at AED 172 per sqft, 55% below what three-beds in Rimal 6 were fetching at the time (AED 385). Over the last 12 months three-beds sold for AED 2,300,000 to 4,300,000, around AED 1,820 per sqft, and rent for AED 50,000 to 300,000 a year. 2704's AED 15,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
24 Sep 20262,300,000
12 Apr 20264,300,000
24 Oct 20253,750,000
4 Jun 20252,970,000
2 3-bed sales in the last 12 months

Rimal 6

Building

138 apartments, 1-bed to 4-bed over 37 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 5 sold in the last 12 months.

Typical price per sqft
AED 1,757
Typical sale
AED 2.5M
Typical rent
AED 160K /yr
Typical yield
5.3%
Rimal 6, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 27th floor

All 138 units in Rimal 6
Value
27012-bedAED 1.95M · Aug 2022
27022-bedAED 599K · Jan 2014
27033-bedAED 3.83M · Dec 2007

2704, Rimal 6 in numbers

  • Sold once: by Dubai Properties on 8 January 2008 for AED 349,500, or AED 172 per sqft.
  • Rented since January 2013 on 8 Ejari contracts, from AED 180,000 to AED 15,000 a year.
  • At AED 15,000 a year the gross yield on the 2008 price is 4.3%, before a service charge of about AED 37,200 a year (AED 18.33 per sqft).
  • Three-beds in Rimal 6 sold for AED 2,300,000–4,300,000 in the 12 months to November 2026; the building's median across all types is AED 1,757 per sqft.

Source: Dubai Land Department. Updated 1 July 2019.

Questions about 2704, Rimal 6

What did unit 2704 last sell for?

AED 349,500 on 8 January 2008, sold by the developer: AED 172 per sqft for 2,029 sqft. It is the only registered sale of the unit.

What is the rent for unit 2704?

AED 15,000 a year on the contract renewed on 1 July 2019. The previous contract, from July 2019, was AED 150,000; the unit has been rented since January 2013.

How big is unit 2704?

2,029 sqft (188.5 sqm): a three-bedroom apartment on the 27th floor of a 37-storey tower completed in 2007.

What is unit 2704 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Rimal 6 sold for AED 2,300,000 to 4,300,000 in the last 12 months, around AED 1,820 per sqft.

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Mortgage on 2704, Rimal 6

Starts from the last sale price (AED 350K, 8 January 2008). Switch to today's estimate once you have unlocked it.
Price
AED 349,500
Deposit, UAE resident (20%)
AED 69,900
Deposit, non-resident (40%)
AED 139,800
Monthly over 25 years at 3.7%
AED 1,430

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →